Ekinciler Demir Ve Celiknayi AS (IST:EKDMR) Days Payable: 33.39 (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:EKDMR Ekinciler Demir Ve Celik Sanayi AS IST:EKDMR
17 GF Score
Price ₺45.30
! 4 Warning Signs
View Full Analysis

What is Ekinciler Demir Ve Celiknayi AS Days Payable?

Ekinciler Demir Ve Celiknayi AS IST:EKDMR -4.47% 17 Days Payable is 33.39 as of Dec. 2025, which is 8% below its 10-year median of 36.20. GuruFocus rates IST:EKDMR with a GF Score™ of 17/100. The stock has 4 warning signs investors should review. Among 598 Steel companies, Ekinciler Demir Ve Celiknayi AS ranks worse than 59.2% on this metric.

Ekinciler Demir Ve Celiknayi AS's average Accounts Payable for the six months ended in Dec. 2025 was ₺1,762 Mil. Ekinciler Demir Ve Celiknayi AS's Cost of Goods Sold for the six months ended in Dec. 2025 was ₺19,263 Mil. Hence, Ekinciler Demir Ve Celiknayi AS's Days Payable for the six months ended in Dec. 2025 was 16.70.

The historical rank and industry rank for Ekinciler Demir Ve Celiknayi AS's Days Payable or its related term are showing as below:

IST:EKDMR' s Days Payable Range Over the Past 10 Years
Min: 33.39   Med: 36.2   Max: 52.67
Current: 33.39

During the past 3 years, Ekinciler Demir Ve Celiknayi AS's highest Days Payable was 52.67. The lowest was 33.39. And the median was 36.20.

IST:EKDMR's Days Payable is ranked worse than
59.2% of 598 companies
in the Steel industry
Industry Median: 41.37 vs IST:EKDMR: 33.39

Ekinciler Demir Ve Celiknayi AS's Days Payable declined from Dec. 2023 (52.67) to Dec. 2025 (33.39). It may suggest that Ekinciler Demir Ve Celiknayi AS accelerated paying its suppliers.


Ekinciler Demir Ve Celiknayi AS Days Payable Related Terms


Ekinciler Demir Ve Celiknayi AS Days Payable Historical Data

* Premium members only.

The historical data trend for Ekinciler Demir Ve Celiknayi AS's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ekinciler Demir Ve Celiknayi AS Days Payable Chart

Ekinciler Demir Ve Celiknayi AS Annual Data
Trend Dec23 Dec24 Dec25
Days Payable
52.67 36.20 33.39

Ekinciler Demir Ve Celiknayi AS Semi-Annual Data
Dec23 Dec24 Dec25
Days Payable 52.67 36.20 33.39

IST:EKDMR vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Ekinciler Demir Ve Celiknayi AS's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ekinciler Demir Ve Celiknayi AS Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Ekinciler Demir Ve Celiknayi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Ekinciler Demir Ve Celiknayi AS's Days Payable falls into.


IST:EKDMR
17GF Score
Ekinciler Demir Ve Celik Sanayi AS IST:EKDMR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ekinciler Demir Ve Celiknayi AS Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Ekinciler Demir Ve Celiknayi AS's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (1570.291 + 1954.229) / 2 ) / 19263.065*365
=1762.26 / 19263.065*365
=33.39

Ekinciler Demir Ve Celiknayi AS's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (1570.291 + 1954.229) / 2 ) / 19263.065*365 / 2
=1762.26 / 19263.065*365 / 2
=16.70

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 33.39 mean?
Ekinciler Demir Ve Celiknayi AS (IST:EKDMR) has a Days Payable of 33.39 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ekinciler Demir Ve Celiknayi AS and its competitors. This is near median its historical median of 36.20. Over the past decade, Ekinciler Demir Ve Celiknayi AS's Days Payable has ranged from 33.39 to 52.67. According to the industry distribution chart, Ekinciler Demir Ve Celiknayi AS ranks #354 out of 598 companies in the Steel industry, placing it in the top 59.2%.
Is Ekinciler Demir Ve Celiknayi AS's Days Payable too high?
Ekinciler Demir Ve Celiknayi AS's current Days Payable of 33.39 is near median its 10-year median of 36.20. Over the past 10 years, this metric has ranged from a low of 33.39 to a high of 52.67. The Steel industry median Days Payable is 41.37. Ekinciler Demir Ve Celiknayi AS's value of 33.39 is 19.3% below this industry median. Based on the distribution chart, Ekinciler Demir Ve Celiknayi AS ranks #354 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, Ekinciler Demir Ve Celiknayi AS has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Ekinciler Demir Ve Celiknayi AS's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Ekinciler Demir Ve Celiknayi AS ranks #354 out of 598 companies for Days Payable. This places Ekinciler Demir Ve Celiknayi AS in the lower half of its industry. The industry median Days Payable is 41.37. Ekinciler Demir Ve Celiknayi AS's value of 33.39 is 19.3% below this benchmark. Historically, Ekinciler Demir Ve Celiknayi AS's own Days Payable has ranged from 33.39 to 52.67 over the past decade. While the company's 10-year median is 36.20 vs. the industry median of 41.37, Ekinciler Demir Ve Celiknayi AS has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Steel company?
The median Days Payable among Steel companies is 41.37, based on 598 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ekinciler Demir Ve Celiknayi AS's current Days Payable of 33.39 is 19.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ekinciler Demir Ve Celiknayi AS and its competitors. For the Steel industry, the median Days Payable is 41.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ekinciler Demir Ve Celiknayi AS's current Days Payable is 33.39, which is near median its own 10-year median of 36.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ekinciler Demir Ve Celiknayi AS stock overvalued right now?
Ekinciler Demir Ve Celiknayi AS (IST:EKDMR) has a current Days Payable of 33.39. The current Days Payable is 33.39, which is near median its 10-year median of 36.20 and 19.3% below the Steel industry median of 41.37. Ekinciler Demir Ve Celiknayi AS's overall GF Score™ is 17/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Ekinciler Demir Ve Celiknayi AS (IST:EKDMR), the current Days Payable is 33.39 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ekinciler Demir Ve Celiknayi AS Business Description

Address Eski Buyukdere Cd No 7, Giz 2000 Plaza, Maslak, 3rd Floor, Sariyer, Istanbul, TUR, 34485
Ekinciler Demir Ve Celik Sanayi AS is a Turkish integrated iron and steel producer company. It focuses on the production of basic iron and steel products and iron alloys, including long-product and downstream steel lines serving construction, infrastructure, automotive, and industrial customers. Its areas of activity include Iron and steel, Port, Ready-mix concrete and construction, Energy, Oxygen facilities, Logistics, and Insurance.
17GF Score

Get the complete analysis for IST:EKDMR

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺45.30
Price